To me this seems like a BS coin.
I became interested in it because I thought it would be exciting to mine a ton of a new unlisted cryptonight coin with a low difficulty and wait 6 months or a year.
But after looking into it I am less than impressed. The web page makes a very ambitious claim up front: "The digital currency of the future for every human" but there is literally nothing to back up this claim. There is nothing to distinguish this coin from other cryptonight coins, although the authors claim otherwise, but with no references to anything substantial. They couldn't even be bothered to write a white paper - they simply provide a link to the cryptonote white paper.
Sorry guys, but this just looks like a bunch of guys who got together and figured they could make some money forking monero with minimal effort, premining 2% for themselves, and "generously" airdropping another 2% to gain attention. Get listed, pump and dump, then bye-buy all you suckers.
Yeah, and as others pointed out, the name is BS too. You can't even google it, because google thinks you are searching for "dollar" and you get tons of irrelevant hits. You have to put "edollar" in quotes
And guys, do realise there are already TWO coins with the symbol EDC? And when you google search "EDC cryptocurrency", it isn't the Edollar that comes up, but these other two coins (e-Dinar and the EducoinV)? That shows you just how much research effort the founders of this coin put into it before releasing it!!
Due diligence, people.
I became interested in it because I thought it would be exciting to mine a ton of a new unlisted cryptonight coin with a low difficulty and wait 6 months or a year.
But after looking into it I am less than impressed. The web page makes a very ambitious claim up front: "The digital currency of the future for every human" but there is literally nothing to back up this claim. There is nothing to distinguish this coin from other cryptonight coins, although the authors claim otherwise, but with no references to anything substantial. They couldn't even be bothered to write a white paper - they simply provide a link to the cryptonote white paper.
Sorry guys, but this just looks like a bunch of guys who got together and figured they could make some money forking monero with minimal effort, premining 2% for themselves, and "generously" airdropping another 2% to gain attention. Get listed, pump and dump, then bye-buy all you suckers.
Yeah, and as others pointed out, the name is BS too. You can't even google it, because google thinks you are searching for "dollar" and you get tons of irrelevant hits. You have to put "edollar" in quotes
And guys, do realise there are already TWO coins with the symbol EDC? And when you google search "EDC cryptocurrency", it isn't the Edollar that comes up, but these other two coins (e-Dinar and the EducoinV)? That shows you just how much research effort the founders of this coin put into it before releasing it!!
Due diligence, people.